
FxWirePro: USD/TRY bulls resume at 7-EMAs, ‘debit call spread’ to hedge upside risks
Mar 27, 2019 14:15 pm UTC| Research & Analysis Technicals
USDTRYmajor uptrend bounces back at 7-EMA levels after 3-black crow pattern. While strong support is seen at 5.1587 levels, while RSI shows gaining strength at 62 levels. 7-EMA is observed at 5.2960 and 21-EMA is...

S&P500 forms long legged doji and Shooting star pattern, decline till 2720 is possible
Mar 27, 2019 13:04 pm UTC| Technicals
Candle stick pattern- Long legged Doji and Shooting star SP500 has halted its downtrend after massive sell-off of more than 2.5% on account of declining US 10 year yield. US 10 year yield hits low of 2.37% first...

FxWirePro: AUD/USD struggles to build on the momentum, hovers around session lows at 0.7091
Mar 27, 2019 12:16 pm UTC| Technicals
AUD/USD chart - Trading View AUD/USD is trading at 0.7094, down 0.54% at the time of writing. The pair has failed to build onto to upside momentum and intrday bias is neutral. Upside remains capped at daily...

Mar 27, 2019 12:12 pm UTC| Technicals
As per our analysis CHFJPY is trading higher for 3rdconsecutive day and jumped nearly 90 pips from low of 110.36.The pair has formed temporary top around 111.95 and shown a 150 pips decline. The yen was trading slightly...

FxWirePro: US oil forms double top near $60.35, dip till $58.20 likely
Mar 27, 2019 11:37 am UTC| Technicals
Chart pattern- Double top Major resistance - $60.35 US oil jumped more than $2 from the low of $58.16 on Mar 25th2019 and hits fresh four month high on account of declining crude oil inventories and OPEC...

FxWirePro: EUR/JPY halts recovery at 5-DMA, break below cloud to see further downside
Mar 27, 2019 11:03 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY is trading 0.11% lower on the day at 124.49 at 1055 GMT, bias remains bearish. Upside is for now capped at 5-DMA and daily cloud top. Break above will see minor...

FxWirePro: EUR/GBP recovery lacks traction, likely to extend bearish momentum
Mar 27, 2019 10:24 am UTC| Technicals
EUR/GBP chart - Trading View EUR/GBP is trading 0.13% higher on the day at 0.8540 at 1010 GMT. Upside in the pair lacks traction. Major trend in the pair remains bearish. 5-DMA is showing a turn southward....